HyperFeed's H!BOX Delivers and Manages Accurate, Real-Time Direct Exchange Data on Site.Business Editors/High-Tech Writers CHICAGO--(BUSINESS WIRE)--June 16, 2003 See How H!BOX Customers Can Control Costs, Reduce Infrastructures and Latency in Booth 1427 at the SIA Sia (sī`ə) or Siaha (sī`əhə), in the Bible, family returned from the Exile. SIA - Serial Interface Adaptor Conference in NYC NYC abbr. New York City NYC New York City June 16-18 HyperFeed Technologies, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :HYPR), a provider of Managed Exchange Platform Services (MEPS MEPS Medical Expenditure Panel Survey MEPS Military Entrance Processing Station MEPS Minimum Energy Performance Standards (Australia & New Zealand) MEPS Malaysian Electronic Payment System MEPS Military Enlistment Processing Station ) and exchange information to exchanges, content providers, re-distributors, institutions, channel partners and value-added resellers A value-added reseller (VAR) is a company that adds some feature(s) to an existing product(s), then resells it (usually to end-users) as an integrated product or complete "turn-key" solution. , today announces the launch of its on-site ticker ticker An automated quotation system on which security transactions are reported after they occur on an exchange floor. Even though the newer systems are electronic and no longer actually tick, the name of the old mechanical device has stuck. plant -- H!BOX. H!BOX is an offering born from HyperFeed's MEPS, that allows customers to have a complete on-site financial ticker plant solution. While MEPS is a high level solution offering the utmost in flexibility and customization, H!BOX is an off-the-shelf solution for customers who want the benefits associated with direct exchange access, but who don't require the development and breadth of customization MEPS offers. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Paul Pluschkell, HyperFeed's President and COO, "HBOX is a scaled down version of our MEPS offering for customers looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. lower cost direct and consolidated exchange content, third party data integration, and managed financial and data services. H!BOX offers a solution for our customers who do not need to customize proprietary data or additional information, but who still require high performance real-time exchange information directly from the source." Pluschkell further adds, "An analogy is to think of H!BOX as a suite of software inclusive of inclusive of prep. Taking into consideration or account; including. service, while MEPS is a suite of software and services with a development toolkit. MEPS and H!BOX are built on the same platform, the real differences are in the way the products are licensed and accessed by our customers." As a complete, on-site financial exchange information processing information processing: see data processing. information processing Acquisition, recording, organization, retrieval, display, and dissemination of information. Today the term usually refers to computer-based operations. solution, H!BOX is housed in a server class machine to reduce infrastructure costs. It provides customers with the means to receive and manage real-time data Real-time data denotes information that is delivered immediately after collection. There is no delay in the timeliness of the information provided. Some uses of this term confuse it with the term dynamic data. lines directly from any source. H!BOX plugs into all five MEPS components to offer customers a complete solution.
-- Front End Processors (FEPs)
FEPs process trade corrections, perform data integrity checks
and read complex symbology. By leveraging the FEP component of
HyperFeed's MEPS, Customers choose the different types of data
they want to receive directly from multiple sources
(exchanges, fundamental data providers, historical data
providers or proprietary data) and the FEPS transform it into
a normalized protocol. Customers choose only the data they
want, and HyperFeed manages and controls the process remotely.
-- Data Management
-- Neosphere DB
Each exchange has specific detailed reporting and
user-management requirements. A robust back-end database
must be built for administration of this function.
HyperFeed's exchange approved Neosphere DB (TM) is an
extensible system built to manage administrative Vendor of
Record functions. It is a complete back-office entitlement
system that expertly monitors and manages enterprise data
set permissions and automatically records and accurately
reports this information to the exchanges.
-- Control Room
HyperFeed's Control Room is a set of over 200 monitoring
tools that manage and audit incoming lines and alert for
problems. It allows viewing of incoming lines and
indicates sequence number, baud rate, and sensitivity. It
also has completely customizable alarms, task management
capabilities, and remote accessibility.
-- Data Cleansing
The Data Cleansing layer of HyperFeed's MEPS will manage
corrections, splits, symbology and options chaining.
-- Value-Added Services
Many traders rely on special ratios and calculations like
Volume Weighted Average Price ("VWAP"), time/sales, best bid
or money flow to make split second trading decisions. These
are complex algorithms only handled by robust and flexible
ticker plant technologies. They need to be calculated in
real-time, simultaneously as the data is received or they have
little value. HyperFeed's MEPS have these calculations already
built in.
-- Technologies
-- ZLC (Zero Loss Compaction)
HyperFeed's ZLC technology, another component of its MEPS,
can alleviate the latency problems and reduce the
bandwidth costs financial institutions face with
direct-to-exchange data feeds. It provides up to a 10:1
ratio, allowing clients to receive complete data sets over
less bandwidth.
-- Line Arbitration
Line arbitration is a service that selects the best feed
from redundant sources, ensuring that customers receive
the most complete data sets possible with minimal latency.
-- Tools and Adaptors
-- SDKs (Software Development Kits)
HyperFeed's SDKs allow customers to quickly and easily
integrate all HyperFeed's database content into their own
financial applications without enduring long development
cycles or incurring high development costs. Available
development tools are: COM, JAVA, C/C++ (for UNIX/LINUX
and Windows), Visual Basic and CGI.
-- RMDS Adaptor (Reuters Market Data System)
RMDS Adaptor is an adaptor that allows financial
institutions with the RMDS infrastructure to access,
publish, manipulate and display HyperFeed Market Data.
About HyperFeed Technologies, Inc. HyperFeed's ticker plant technology and financial exchange managed services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality are designed specifically to support the delivery of real-time data, data management, data reporting, and value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. services for use in distributing and receiving financial content with a competitive edge. Beginning with a comprehensive understanding of the diverse needs of the financial equities industry, the Company applies advanced technologies to the processing, delivery, distribution and access to financial market data. HyperFeed(R) offers one of the fastest, most complete and reliable managed exchange platform services that can be used with industry-leading APIs, third-party applications or online desktop solutions. For more information, please visit HyperFeed's web site at www.hyperfeed.com. About HyperFeed's MEPS HyperFeed's MEPS are a complete turnkey solution for the normalization In relational database management, a process that breaks down data into record groups for efficient processing. There are six stages. By the third stage (third normal form), data are identified only by the key field in their record. , data-basing, integration and transmission of high performance, real-time data sources from exchanges, content providers and proprietary in-house sources. MEPS provides direct access to all North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. exchanges and offers a complete set of data cleansing See address cleansing and data hygiene. and management tools for remote or on-site use. It provides adaptors to a number of widely used middleware Software that functions as a conversion or translation layer. It is also a consolidator and integrator. Custom-programmed middleware solutions have been developed for decades to enable one application to communicate with another that either runs on a different platform or comes from a platforms and can be used collectively as a complete solution or individually to augment the functionality of other vendor system products. |
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